| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||||||||
Net income | ||||||||||||
39,900 | 25,400 | 37,400 | 26,500 | 604,800 | 82,500 | 66,700 | 92,600 | 29,300 | 130,200 | 18,200 | 8,000 | 26,300 |
Adjustments to reconcile net income to net cash provided by operations: | ||||||||||||
Depreciation and amortization | ||||||||||||
54,900 | 54,800 | 55,100 | 56,200 | 56,100 | 55,200 | 53,700 | 54,600 | 55,000 | 54,000 | 52,000 | 53,800 | 52,400 |
Non-cash currency transaction gain on debt and hedging instruments | ||||||||||||
5,300 | -12,400 | 24,500 | -8,900 | 13,600 | 10,500 | 3,400 | 36,300 | -4,700 | -9,800 | -13,500 | -35,400 | 1,300 |
Premium paid on redemption of long-term debt | ||||||||||||
- | - | - | - | - | 0 | 0 | 0 | 27,000 | 0 | 0 | 0 | 0 |
Other net non-cash financing costs | ||||||||||||
8,200 | -3,800 | 25,000 | -6,900 | 13,100 | 10,700 | 11,400 | 37,100 | 6,400 | 8,400 | 7,300 | 23,300 | 8,600 |
Share-based compensation expense | ||||||||||||
2,900 | 4,500 | 4,100 | 3,800 | 2,600 | 500 | 2,300 | 1,600 | 1,600 | 2,500 | 1,200 | 900 | 800 |
Decrease in post-employment benefit obligations, net | ||||||||||||
-1,800 | -3,000 | -1,900 | -2,100 | -2,400 | -2,100 | -600 | -700 | -1,200 | -1,800 | -4,600 | -800 | -200 |
Deferred income taxes | ||||||||||||
3,700 | -12,800 | -17,400 | 6,200 | -624,400 | -20,900 | -5,700 | -27,200 | -11,100 | -125,800 | -8,400 | -16,500 | -12,100 |
Other operating activities | ||||||||||||
2,700 | 2,600 | -300 | 1,300 | 2,400 | 3,300 | 100 | 600 | 800 | 3,800 | 1,100 | -100 | 700 |
Changes in operating assets and liabilities, net of effects of acquisitions: | ||||||||||||
—Increase in accounts receivable | ||||||||||||
42,100 | -45,800 | -33,000 | -9,100 | 46,100 | -33,000 | -26,000 | 29,800 | 78,800 | -44,000 | -14,800 | 22,700 | 60,700 |
—Increase in inventories | ||||||||||||
27,500 | -39,900 | -25,100 | -21,400 | 21,300 | 15,100 | 28,000 | 24,000 | 29,000 | -10,400 | 21,300 | 19,700 | 14,800 |
—Increase (decrease) in accounts payable | ||||||||||||
19,500 | 42,200 | -43,000 | -21,600 | -25,800 | 25,700 | -31,800 | 24,900 | 23,300 | 19,800 | -3,100 | 9,400 | 23,800 |
—Increase in prepaid expenses and other assets | ||||||||||||
6,100 | -27,200 | 16,500 | 900 | 12,400 | 2,900 | 15,600 | 7,700 | 1,300 | -200 | -4,100 | 100 | 1,900 |
—(Decrease) increase in taxes payable | ||||||||||||
-38,300 | -2,000 | -5,600 | 2,100 | 51,700 | -8,900 | -15,000 | 11,000 | -2,400 | -100 | 1,100 | -100 | 5,600 |
—Increase (decrease) in other liabilities | ||||||||||||
20,400 | -29,500 | 10,900 | 7,500 | -32,400 | 20,700 | -11,700 | 23,700 | -50,800 | 14,600 | -13,000 | 28,700 | -39,700 |
Net cash provided by (used in) operations | ||||||||||||
31,100 | 203,700 | 81,400 | 111,500 | -47,700 | 171,200 | 48,400 | 120,400 | -26,500 | 170,000 | 62,900 | 99,500 | -12,500 |
Cash flows from investing activities | ||||||||||||
Purchases of property, plant and equipment | ||||||||||||
12,100 | 21,600 | 13,600 | 15,600 | 21,300 | 23,100 | 37,600 | 49,500 | 55,900 | 43,300 | 25,600 | 19,600 | 12,600 |
Purchases of intangible assets | ||||||||||||
2,800 | 3,000 | 2,800 | 3,600 | 1,600 | 4,700 | 3,100 | 4,200 | 4,600 | 3,100 | 4,000 | 1,600 | 1,300 |
Cash paid under corporate-owned life insurance policies | ||||||||||||
9,800 | - | - | -3,900 | 9,500 | - | - | -600 | 8,000 | 2,200 | 0 | -1,000 | 8,300 |
Cash received under corporate-owned life insurance policies | ||||||||||||
0 | - | - | - | 700 | - | - | - | - | - | - | - | - |
Proceeds from the sale of property, plant and equipment | ||||||||||||
- | - | - | - | - | - | - | - | - | - | 400 | 800 | 700 |
Other investing activities | ||||||||||||
-100 | -3,500 | -100 | -200 | 0 | 1,700 | -300 | 300 | 900 | -1,500 | 0 | 200 | 100 |
Net cash used in investing activities | ||||||||||||
-24,600 | -8,400 | -22,100 | -15,800 | -31,700 | -29,500 | -40,400 | -104,300 | -69,400 | -119,900 | -29,200 | -56,300 | -21,600 |
Cash flows from financing activities | ||||||||||||
Issuance of shares, net of underwriting costs | ||||||||||||
2,100 | 100 | 100 | 400 | 1,200 | 100 | 500 | 0 | 799,100 | 0 | 0 | 0 | 600 |
Other offering costs | ||||||||||||
- | - | - | - | - | 0 | 500 | 4,900 | 3,200 | 2,300 | 0 | 0 | 0 |
Buy-back of shares | ||||||||||||
- | - | - | - | - | - | - | - | - | 0 | 200 | 100 | 1,300 |
Proceeds from long-term debt | ||||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 494,700 | 150,000 |
Payments of long-term debt | ||||||||||||
6,200 | 574,200 | 0 | 6,200 | 12,700 | 0 | 6,800 | 6,600 | 920,100 | 6,800 | 6,500 | 656,600 | 7,000 |
Premium paid on redemption of long-term debt | ||||||||||||
- | - | - | - | - | 0 | 0 | 0 | 27,000 | 0 | 0 | 0 | 0 |
Debt issuance costs paid | ||||||||||||
300 | - | - | - | 0 | - | - | - | - | 1,400 | 100 | 14,100 | 3,200 |
Dividends paid to non-controlling interests | ||||||||||||
0 | 4,300 | 9,500 | 13,200 | 1,800 | 11,900 | 7,100 | 16,200 | 0 | 6,700 | 12,000 | 0 | 5,900 |
Other financing activities | ||||||||||||
1,500 | -500 | 600 | 800 | 200 | 0 | -200 | -300 | 6,200 | 100 | -700 | 4,200 | 0 |
Net cash used in financing activities | ||||||||||||
-2,900 | -19,200 | -8,800 | -18,200 | -13,100 | -11,800 | -14,100 | -28,000 | -145,000 | -17,100 | -19,500 | -171,900 | 133,200 |
Effect of exchange rate changes on cash and cash equivalents and restricted cash | ||||||||||||
-12,900 | 3,200 | -5,400 | -200 | 2,800 | -3,200 | -2,800 | -11,500 | 5,100 | 3,000 | 4,700 | 4,100 | 7,800 |
Net decrease in cash and cash equivalents and restricted cash | ||||||||||||
-9,300 | 179,300 | 45,100 | 77,300 | -89,700 | 126,700 | -8,900 | -23,400 | -235,800 | 36,000 | 18,900 | -124,600 | 106,900 |
Supplemental schedule of cash flow information | ||||||||||||
Interest paid | ||||||||||||
25,500 | 38,300 | 32,500 | 28,600 | 51,400 | 15,500 | 40,900 | 28,100 | 73,400 | 28,800 | 72,800 | 28,700 | 67,700 |
Income taxes paid, net | ||||||||||||
18,500 | 18,400 | 28,500 | 28,900 | 33,000 | 30,300 | 30,600 | 27,600 | 25,500 | 19,900 | 23,900 | 21,400 | 19,600 |
Accrued capital expenditures | ||||||||||||
1,900 | 200 | 500 | 700 | 400 | -1,500 | -800 | 700 | 2,600 | -200 | 600 | 100 | 1,200 |
Accrued deferred offering costs | ||||||||||||
- | - | - | - | - | - | - | -4,600 | 5,100 | - | - | 0 | 0 |